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AMAZON CATAMARAN DEAL
Amazon India’s largest seller Appario sold to ClicktechClicktech acquires Appario, Amazon's top seller, as Amazon divests stakes to comply with ecommerce norms. Appario becomes Clicktech's owned...- CCI raids top sellers of Amazon, other etailersPeople familiar with the matter said the raids, carried out in the capital, New Delhi and the southern tech hub of Bengaluru, related to CC...
- Amazon to absorb all Cloudtail, Prione employees, JV CEO tells employeesCloudtail, set up in 2014 as a joint venture between Amazon and Infosys founder NR Narayana Murthy’s Catamaran Ventures, is one of the larg...
- Cloudtail sends termination notice to vendorsThe notice from the Cloudtail CEO marks the first instance of the Prione subsidiary formally informing vendors of shutting Cloudtail.
- RBI pulls up Paytm Payments Bank; Amazon India to remove Cloudtail as sellerPaytm Payments Bank cannot accept new customers and must appoint a firm to audit its IT system, the central bank said on Friday.
- CCI clears Amazon’s proposal to buy Catamaran’s stake in Cloudtail parentTop Amazon India executives are expected to hold a meeting on the matter on Thursday, people aware of the developments said.
- CCI clears Amazon’s Cloudtail takeover; Tiger, A91 tuck into Box8In late December we reported that Amazon was seeking regulatory approval to acquire Catamaran Ventures' entire stake in Prione Business Ser...
- Amazon’s Amit Agarwal elevated to head emerging marketsManish Tiwary to run day-to-day India operations
- Amazon India marketplace clocks 49% revenue growth in FY21Amazon Seller Services, which runs the Amazon India marketplace, posted a loss of Rs 4,748 crore in FY21, down from Rs 5,849 crore in FY20....
- 2021 Year in Review | What was in ecommerce sector’s cart this year?Along with the policy flux, there were big corporate battles being fought to clinch the growing market for online commerce, number of M&As,...
- Amazon seeks CCI's nod to buy Catamaran's stake in CloudtailWhile Cloudtail will operate as per current strictures until May, if CCI’s clearance comes before that, the companies will move ahead to co...
- Amazon plans Cloudtail takeover; Swiggy eyes Rapido betAmazon will pick up Catamarans’ stake in the joint venture and the ecommerce giant has made a filing with the Competition Commission of Ind...
- UK Chancellor Rishi Sunak drawn into in-law Narayana Murthy Amazon tax disputeAmazon reportedly developed independent sellers such as Cloudtail, as 'special merchant' which enjoyed over 35 per cent of total sales on t...
- NR Narayana Murthy’s Catamaran Ventures in talks to pick up stake in UdaanA minority stake in Udaan will give NR Narayana Murthy’s Catamaran Ventures a foothold in India’s B2B e-commerce space dominated by IndiaMa...
- Amazon is said to cut India deal to return products to websiteThe deal allowed Amazon to recover a big chunk of item listings frozen since new ecomm rules kicked in.
- How consumers’ Flipkart, Amazon party may endServices like Amazon Fulfilled and Flipkart Assured that offer superfast delivery to consumers and are available to sellers only if they me...
- Amazon may back online insurance startup AckoThe deal will see Amazon co-create financial products with Acko - besides being its distributor - in the first such move by the web retaile...
- Amazon looks to ink JVs with Dabur’s Burman family, Infosys’ GopalakrishnanOnline marketplace approaches Burman Family Holdings and family office of Infosys co-founder Kris Gopalakrishnan to create joint ventures.
- Amazon and Future Group partnership on rocks over funding of discountsHarminder Sahni, founder of retail consultancy Wazir Advisors, said the Amazon-Future Group deal was nothing more than a headline-grabbing ...
- After IT, Wipro's Azim Premji & Infosys' Narayana Murthy squaring off in $3-bn e-commerce marketPremji has gone with the domestic players; he has investments in Myntra and Snapdeal while Murthy has placed his bets on global e-tailing g...
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